Bitcoin by cycle:
2011: $32 peak, -93% drawdown
2013: $1,150 peak ( 3,500%), -86% drawdown
2017: $19,800 peak ( 1,620%), -83% drawdown
2021: $69,000 peak ( 248%), -77% drawdown
2025: $126,000 peak ( 83%), -41% drawdown
Will it continue? Nobody knows.
Stack accordingly.